US actress Gwyneth Paltrow enters the courtroom after a lunch break in Park City, Utah. AFP
US actress Gwyneth Paltrow enters the courtroom after a lunch break in Park City, Utah. AFP
US actress Gwyneth Paltrow enters the courtroom after a lunch break in Park City, Utah. AFP
US actress Gwyneth Paltrow enters the courtroom after a lunch break in Park City, Utah. AFP

Gwyneth Paltrow: Testimony gets personal in ski crash trial


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Gwyneth Paltrow's lawyers on Thursday questioned the daughter of a man suing the Oscar-winning actress over a 2016 ski collision about a series of personal emails and missing GoPro camera footage referred to as “the most important piece of evidence” in the trial.

Steve Owens, Paltrow's lawyer, asked one of the man's daughters, Polly Grasham, about email communication with her father over GoPro footage that has mysteriously disappeared and the possibility that the lawsuit was filed against Paltrow because she was famous.

“I'm famous … At what cost?” Terry Sanderson, the 76-year-old retired optometrist suing Paltrow, wrote in the subject line of an email sent to family, taking a swipe at the actress after the incident in which the two collided on a Park City, Utah, slope.

Polly Grasham, daughter of Terry Sanderson, reacts during questioning in court in Park City, Utah. EPA
Polly Grasham, daughter of Terry Sanderson, reacts during questioning in court in Park City, Utah. EPA

Paltrow has previously called the lawsuit an attempt to exploit her fame and celebrity.

Mr Owens asked Ms Grasham why her father sent messages referring to her fame.

“It matches his personality a little bit, making light of a serious situation,” Ms Grasham said of the email.

The GoPro footage of the accident has so far not been found nor has it been included as evidence for the trial.

Mr Sanderson is suing Paltrow for more than $300,000 in damages, claiming the Shakespeare in Love star skied recklessly into him on a beginner run at Deer Valley Resort seven years ago, breaking his ribs and leaving him with a concussion.

The actress has claimed Mr Sanderson caused the crash and has countersued for $1 and legal fees.

The trial took on an increasingly personal tone on the third day of proceedings when Mr Sanderson's daughter and a neuropsychologist painted a grim picture of the retired optometrist's life.

Giving evidence via video in a recorded deposition, Dr Alina Fong said that when she first met Mr Sanderson in 2017, he had “myriad” symptoms indicative of having suffered a concussion.

“It affected him on so many levels, especially for someone who was used to loving life … by the time he came to me, that was pretty much gone.”

  • Gwyneth Paltrow in Park City courtroom in Utah for the start of a trial over a 2016 skiing crash. AP
    Gwyneth Paltrow in Park City courtroom in Utah for the start of a trial over a 2016 skiing crash. AP
  • Terry Sanderson, 76, a retired optometrist is suing the actress accusing her of colliding with him at Deer Valley Resort in 2016. AFP
    Terry Sanderson, 76, a retired optometrist is suing the actress accusing her of colliding with him at Deer Valley Resort in 2016. AFP
  • Ms Paltrow and her lawyer Steve Owens. AP
    Ms Paltrow and her lawyer Steve Owens. AP
  • Mr Sanderson claims that the collision left him with brain damage and four broken ribs. EPA
    Mr Sanderson claims that the collision left him with brain damage and four broken ribs. EPA
  • Mr Sanderson also claims Ms Paltrow was cruising down the slopes so recklessly that they collided, leaving him on the ground. EPA
    Mr Sanderson also claims Ms Paltrow was cruising down the slopes so recklessly that they collided, leaving him on the ground. EPA
  • The actress-turned-influencer covers her face as she exits the courtroom. EPA
    The actress-turned-influencer covers her face as she exits the courtroom. EPA
  • Ms Paltrow hides her face as she leaves the courtroom. AFP
    Ms Paltrow hides her face as she leaves the courtroom. AFP
  • The actress outside the courtroom after the first day of testimony. AP
    The actress outside the courtroom after the first day of testimony. AP

Dr Fong challenged the opinions of other medical experts employed by Paltrow’s defence, saying: “This has completely changed his life physically, emotionally, biologically — and he has been affected in all those domains.”

She said there was no evidence that Mr Sanderson was “faking” his injuries and he had been “an ideal patient”.

Mr Sanderson was not present during the detailing of his health problems.

Paltrow's lawyers questioned whether Ms Grasham and Dr Fong could say with certainty that Mr Sanderson's downturn was not a result of ageing or documented, pre-crash conditions.

They also questioned Ms Grasham about her father's anger problems, divorces and estranged relationship with another of his daughters, who is not giving evidence at the trial.

Paltrow is expected to be called to give evidence on Friday or early next week, when the eight-day trial continues.

Her lawyers have tried to represent Mr Sanderson's health problems as a natural of ageing rather than the results of a crash and indicated in opening statements that they plan to call Paltrow's husband Brad Falchuk and her two children, Moses and Apple, to the stand.

Agencies contributed to this report

  • Brad Pitt and Gwyneth Paltrow, in a white satin blazer, attend the 'Living in Oblivion' premiere on July 12, 1995 at the Royal Theatre in Los Angeles, California. Getty Images
    Brad Pitt and Gwyneth Paltrow, in a white satin blazer, attend the 'Living in Oblivion' premiere on July 12, 1995 at the Royal Theatre in Los Angeles, California. Getty Images
  • Gwyneth Paltrow, in jeans and a leather jacket, and Brad Pitt attend the premiere of 'Copycat' in Los Angeles, California, on October 19, 1995. Getty Images
    Gwyneth Paltrow, in jeans and a leather jacket, and Brad Pitt attend the premiere of 'Copycat' in Los Angeles, California, on October 19, 1995. Getty Images
  • Gwyneth Paltrow, in Donna Karan, attends the premiere of 'Great Expectations' in Los Angeles, California, on January 20, 1998. Getty Images
    Gwyneth Paltrow, in Donna Karan, attends the premiere of 'Great Expectations' in Los Angeles, California, on January 20, 1998. Getty Images
  • Gwyneth Paltrow, in Giorgio Armani, and Hillary Clinton attend the 'Shakespeare in Love' premiere at the Ziegfeld Theatre in New York, US, on December 3, 1998. Getty Images
    Gwyneth Paltrow, in Giorgio Armani, and Hillary Clinton attend the 'Shakespeare in Love' premiere at the Ziegfeld Theatre in New York, US, on December 3, 1998. Getty Images
  • Gwyneth Paltrow, in a taffeta skirt and cardigan, attends the 56th annual Golden Globe Awards on January 24, 1999 in Beverly Hills, California. Getty Images
    Gwyneth Paltrow, in a taffeta skirt and cardigan, attends the 56th annual Golden Globe Awards on January 24, 1999 in Beverly Hills, California. Getty Images
  • Gwyneth Paltrow, in Ralph Lauren, arrives at the 71st annual Academy Awards on March 21, 1999 in Los Angeles, California. Getty Images
    Gwyneth Paltrow, in Ralph Lauren, arrives at the 71st annual Academy Awards on March 21, 1999 in Los Angeles, California. Getty Images
  • Gwyneth Paltrow, in a pale blue slip dress, arrives at the sixth annual Screen Actors Guild Awards on March 12, 2000 in Beverly Hills, California. Getty Images
    Gwyneth Paltrow, in a pale blue slip dress, arrives at the sixth annual Screen Actors Guild Awards on March 12, 2000 in Beverly Hills, California. Getty Images
  • Gwyneth Paltrow, in a silky relaxed two-piece, attends a Miramax pre-Oscar party in Beverly Hills, California, on March 25, 2000. Getty Images
    Gwyneth Paltrow, in a silky relaxed two-piece, attends a Miramax pre-Oscar party in Beverly Hills, California, on March 25, 2000. Getty Images
  • Gwyneth Paltrow, in Calvin Klein, arrives at the 72nd annual Academy Awards on March 26, 2000 in Los Angeles, California. Getty Images
    Gwyneth Paltrow, in Calvin Klein, arrives at the 72nd annual Academy Awards on March 26, 2000 in Los Angeles, California. Getty Images
  • Gwyneth Paltrow, in a strapless LBD and pashmina, attends the premiere of 'Bounce' on November 15, 2000 at the Ziegfeld Theatre in New York, US. Getty Images
    Gwyneth Paltrow, in a strapless LBD and pashmina, attends the premiere of 'Bounce' on November 15, 2000 at the Ziegfeld Theatre in New York, US. Getty Images
  • Gwyneth Paltrow, in a simple shirt and trousers, arrives for the premiere of 'Snatch' on January 18, 2001 in Hollywood, California. Getty Images
    Gwyneth Paltrow, in a simple shirt and trousers, arrives for the premiere of 'Snatch' on January 18, 2001 in Hollywood, California. Getty Images
  • Stella McCartney and Gwyneth Paltrow, in a black cold-shoulder dress, attend a gala to celebrate the clothes of Jacqueline Kennedy on April 23, 2001 at the Metropolitan Museum of Art in New York, US. Getty Images
    Stella McCartney and Gwyneth Paltrow, in a black cold-shoulder dress, attend a gala to celebrate the clothes of Jacqueline Kennedy on April 23, 2001 at the Metropolitan Museum of Art in New York, US. Getty Images
  • Gwyneth Paltrow, in Valentino, and Valentino Garavani attend the opening ceremony of the 59th Venice Film Festival on August 29, 2002 in Venice, Italy. Getty Images
    Gwyneth Paltrow, in Valentino, and Valentino Garavani attend the opening ceremony of the 59th Venice Film Festival on August 29, 2002 in Venice, Italy. Getty Images
  • Gwyneth Paltrow, in a ruffled LBD, attends the 28th annual Deauville Film Festival on September 3, 2002 in Deauville, France. Getty Images
    Gwyneth Paltrow, in a ruffled LBD, attends the 28th annual Deauville Film Festival on September 3, 2002 in Deauville, France. Getty Images
  • Gwyneth Paltrow, in a strapless black midi, attends the BFI London Film Festival closing gala at the Odeon Leicester Square on November 6, 2003 in London, England. Getty Images
    Gwyneth Paltrow, in a strapless black midi, attends the BFI London Film Festival closing gala at the Odeon Leicester Square on November 6, 2003 in London, England. Getty Images
  • Gwyneth Paltrow, in Vivienne Westwood, and Jude Law arrive at the premiere of 'Sky Captain and the World of Tomorrow' at the Empire Leicester Square on September 27, 2004 in London, England. Getty Images
    Gwyneth Paltrow, in Vivienne Westwood, and Jude Law arrive at the premiere of 'Sky Captain and the World of Tomorrow' at the Empire Leicester Square on September 27, 2004 in London, England. Getty Images
  • Gwyneth Paltrow, in a tweed two-piece, attends a photo call at Hotel Hesperia on November 11, 2004 in Madrid, Spain. Getty Images
    Gwyneth Paltrow, in a tweed two-piece, attends a photo call at Hotel Hesperia on November 11, 2004 in Madrid, Spain. Getty Images
  • Gwyneth Paltrow, in a cap-sleeved black dress, arrives at the premiere of 'Proof' at the Odeon West End on October 22, 2005 in London, England. Getty Images
    Gwyneth Paltrow, in a cap-sleeved black dress, arrives at the premiere of 'Proof' at the Odeon West End on October 22, 2005 in London, England. Getty Images
  • Gwyneth Paltrow, in Stella McCartney, attends the launch party of Stella McCartney's collaboration with H&M at St Olave's House on October 25, 2005 in London, England. Getty Images
    Gwyneth Paltrow, in Stella McCartney, attends the launch party of Stella McCartney's collaboration with H&M at St Olave's House on October 25, 2005 in London, England. Getty Images
  • Gwyneth Paltrow, in velvet boots and a silk dress, arrives at the premiere of 'I'm Going to Tell You a Secret' at the Chelsea Cinema on November 29, 2005 in London, England. Getty Images
    Gwyneth Paltrow, in velvet boots and a silk dress, arrives at the premiere of 'I'm Going to Tell You a Secret' at the Chelsea Cinema on November 29, 2005 in London, England. Getty Images
  • Gwyneth Paltrow, in Zac Posen, arrives for the 79th annual Academy Awards at the Kodak Theatre in Hollywood, California, on February 25, 2007. EPA
    Gwyneth Paltrow, in Zac Posen, arrives for the 79th annual Academy Awards at the Kodak Theatre in Hollywood, California, on February 25, 2007. EPA
  • Gwyneth Paltrow, in Stella McCartney, attends a photo call at the Ritz-Carlton on April 22, 2008 in Berlin, Germany. Getty Images
    Gwyneth Paltrow, in Stella McCartney, attends a photo call at the Ritz-Carlton on April 22, 2008 in Berlin, Germany. Getty Images
  • Gwyneth Paltrow, in Sonia Rykiel, attends the premiere for 'Iron Man' at the Cinemaxx on April 22, 2008 in Berlin, Germany. Getty Images
    Gwyneth Paltrow, in Sonia Rykiel, attends the premiere for 'Iron Man' at the Cinemaxx on April 22, 2008 in Berlin, Germany. Getty Images
  • Gwyneth Paltrow, in Preen, attends the 'Iron Man' premiere at Warner Moderno Cinema on April 23, 2008 in Rome, Italy. Getty Images
    Gwyneth Paltrow, in Preen, attends the 'Iron Man' premiere at Warner Moderno Cinema on April 23, 2008 in Rome, Italy. Getty Images
  • Gwyneth Paltrow, in Chanel, attends the 'Two Lovers' premiere at the Palais des Festivals during the 61st International Cannes Film Festival on May 19, 2008 in Cannes, France. Getty Images
    Gwyneth Paltrow, in Chanel, attends the 'Two Lovers' premiere at the Palais des Festivals during the 61st International Cannes Film Festival on May 19, 2008 in Cannes, France. Getty Images
  • Gwyneth Paltrow, in Antonio Berardi, arrives at the 'Two Lovers' premiere on November 4, 2008 in Paris, France. Getty Images
    Gwyneth Paltrow, in Antonio Berardi, arrives at the 'Two Lovers' premiere on November 4, 2008 in Paris, France. Getty Images
  • Gwyneth Paltrow, in jeans and a blazer, attends the Stella McCartney show as part of Paris Womenswear Fashion Week at Palais de Tokyo on October 5, 2009 in Paris, France. Getty Images
    Gwyneth Paltrow, in jeans and a blazer, attends the Stella McCartney show as part of Paris Womenswear Fashion Week at Palais de Tokyo on October 5, 2009 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Donna Karan, attends the Mamounia hotel inauguration on November 26, 2009 in Marrakech, Morocco. Getty Images
    Gwyneth Paltrow, in Donna Karan, attends the Mamounia hotel inauguration on November 26, 2009 in Marrakech, Morocco. Getty Images
  • Gwyneth Paltrow, in Elie Saab, arrives at the Laureus World Sports Awards at Emirates Palace Hotel on March 10, 2010 in Abu Dhabi, UAE. Getty Images
    Gwyneth Paltrow, in Elie Saab, arrives at the Laureus World Sports Awards at Emirates Palace Hotel on March 10, 2010 in Abu Dhabi, UAE. Getty Images
  • Gwyneth Paltrow, in Prada, attends the National Movie Awards at Royal Festival Hall on May 26, 2010 in London, England. Getty Images
    Gwyneth Paltrow, in Prada, attends the National Movie Awards at Royal Festival Hall on May 26, 2010 in London, England. Getty Images
  • Gwyneth Paltrow, in Stella McCartney, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 2, 2011. EPA
    Gwyneth Paltrow, in Stella McCartney, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 2, 2011. EPA
  • Gwyneth Paltrow, in Prada, poses at a photo call during the 68th Venice Film Festival at the Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
    Gwyneth Paltrow, in Prada, poses at a photo call during the 68th Venice Film Festival at the Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
  • Gwyneth Paltrow, in Prada, attends the 'Contagion' premiere during the 68th Venice Film Festival at Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
    Gwyneth Paltrow, in Prada, attends the 'Contagion' premiere during the 68th Venice Film Festival at Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
  • Gwyneth Paltrow, in Elie Saab, attends the Bambi Awards at the Rhein-Main-Hallen on November 10, 2011 in Wiesbaden, Germany. Getty Images
    Gwyneth Paltrow, in Elie Saab, attends the Bambi Awards at the Rhein-Main-Hallen on November 10, 2011 in Wiesbaden, Germany. Getty Images
  • Gwyneth Paltrow, in Tom Ford, arrives for the 84th annual Academy Awards at the Hollywood and Highland Centre in Hollywood, California, on February 26, 2012. EPA
    Gwyneth Paltrow, in Tom Ford, arrives for the 84th annual Academy Awards at the Hollywood and Highland Centre in Hollywood, California, on February 26, 2012. EPA
  • Gwyneth Paltrow, in Louis Vuitton, attends a Louis Vuitton party as part of Paris Fashion Week at the Musee des Arts Decoratifs on March 7, 2012 in Paris, France. Getty Images
    Gwyneth Paltrow, in Louis Vuitton, attends a Louis Vuitton party as part of Paris Fashion Week at the Musee des Arts Decoratifs on March 7, 2012 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Prada, arrives for the Met Gala at the Metropolitan Museum of Art in New York, US, on May 7, 2012. EPA
    Gwyneth Paltrow, in Prada, arrives for the Met Gala at the Metropolitan Museum of Art in New York, US, on May 7, 2012. EPA
  • Gwyneth Paltrow, in Hugo Boss, presents the new Boss Nuit Pour Femme perfume at the Neptuno Palace on October 29, 2012 in Madrid, Spain. Getty Images
    Gwyneth Paltrow, in Hugo Boss, presents the new Boss Nuit Pour Femme perfume at the Neptuno Palace on October 29, 2012 in Madrid, Spain. Getty Images
  • Gwyneth Paltrow, in Erdem, attends the premiere of 'Iron Man 3' at the Grand Rex theatre in Paris, France, on April 14, 2013. EPA
    Gwyneth Paltrow, in Erdem, attends the premiere of 'Iron Man 3' at the Grand Rex theatre in Paris, France, on April 14, 2013. EPA
  • Gwyneth Paltrow, in Dior, attends a photo call at The Dorchester on April 17, 2013 in London, England. Getty Images
    Gwyneth Paltrow, in Dior, attends a photo call at The Dorchester on April 17, 2013 in London, England. Getty Images
  • Gwyneth Paltrow, in Valentino, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 6, 2013. EPA
    Gwyneth Paltrow, in Valentino, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 6, 2013. EPA
  • Gwyneth Paltrow, in Prada, at Printemps Haussmann on November 7, 2013 in Paris, France. Getty Images
    Gwyneth Paltrow, in Prada, at Printemps Haussmann on November 7, 2013 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Prada, attends the British Fashion Awards at London Coliseum on December 2, 2013 in London, England. Getty Images
    Gwyneth Paltrow, in Prada, attends the British Fashion Awards at London Coliseum on December 2, 2013 in London, England. Getty Images
  • Gwyneth Paltrow, in Prada, arrives for the 49th annual Goldene Kamera awards at Flughafen Tempelhof in Berlin, Germany, on February 1, 2014. EPA
    Gwyneth Paltrow, in Prada, arrives for the 49th annual Goldene Kamera awards at Flughafen Tempelhof in Berlin, Germany, on February 1, 2014. EPA
  • Gwyneth Paltrow, in Lanvin, arrives for the premiere of 'Mortdecai' at the TCL Chinese Theatre in Los Angeles, California, on January 21, 2015. EPA
    Gwyneth Paltrow, in Lanvin, arrives for the premiere of 'Mortdecai' at the TCL Chinese Theatre in Los Angeles, California, on January 21, 2015. EPA
  • Gwyneth Paltrow, in Ralph & Russo, arrives for the 87th annual Academy Awards at the Dolby Theatre in Hollywood, California, on February 22, 2015. EPA
    Gwyneth Paltrow, in Ralph & Russo, arrives for the 87th annual Academy Awards at the Dolby Theatre in Hollywood, California, on February 22, 2015. EPA
  • Gwyneth Paltrow, in Marc Jacobs, arrives at the amfAR Hong Kong gala at Shaw Studios on March 14, 2015 in Hong Kong. Getty Images
    Gwyneth Paltrow, in Marc Jacobs, arrives at the amfAR Hong Kong gala at Shaw Studios on March 14, 2015 in Hong Kong. Getty Images
  • Gwyneth Paltrow, in Valentino, attends the Valentino show at Piazza Mignanelli on July 9, 2015 in Rome, Italy. Getty Images
    Gwyneth Paltrow, in Valentino, attends the Valentino show at Piazza Mignanelli on July 9, 2015 in Rome, Italy. Getty Images
  • Gwyneth Paltrow, in Gucci, arrives for the Los Angeles County Museum of Art Art + Film Gala in Los Angeles, California, on November 7, 2015. EPA
    Gwyneth Paltrow, in Gucci, arrives for the Los Angeles County Museum of Art Art + Film Gala in Los Angeles, California, on November 7, 2015. EPA
  • Gwyneth Paltrow, in Michael Kors, attends an Audi event at Hotel zur Tenne on January 22, 2016 in Kitzbuehel, Austria. Getty Images
    Gwyneth Paltrow, in Michael Kors, attends an Audi event at Hotel zur Tenne on January 22, 2016 in Kitzbuehel, Austria. Getty Images
  • Gwyneth Paltrow, in Gucci, attends Elle Magazine's 30th anniversary party at Circulo de Bellas Artes Club on October 26, 2016 in Madrid, Spain. Getty Images
    Gwyneth Paltrow, in Gucci, attends Elle Magazine's 30th anniversary party at Circulo de Bellas Artes Club on October 26, 2016 in Madrid, Spain. Getty Images
  • Gwyneth Paltrow, in Gucci, arrives for the Lacma Art + Film Gala at the Los Angeles County Museum of Art in Los Angeles, California, on October 29, 2016. EPA
    Gwyneth Paltrow, in Gucci, arrives for the Lacma Art + Film Gala at the Los Angeles County Museum of Art in Los Angeles, California, on October 29, 2016. EPA
  • Gwyneth Paltrow, in Retrofete, attends the premiere of 'Avengers: Infinity War' at the El Capitan and TCL Chinese Theatres in Hollywood, Los Angeles, on April 23, 2018. EPA
    Gwyneth Paltrow, in Retrofete, attends the premiere of 'Avengers: Infinity War' at the El Capitan and TCL Chinese Theatres in Hollywood, Los Angeles, on April 23, 2018. EPA
  • Gwyneth Paltrow, in Emilia Wickstead, attends the Gwyneth Paltrow x Frederique Constant Ladies Automatic launch at the Design Museum on June 21, 2018 in London, England. Getty Images
    Gwyneth Paltrow, in Emilia Wickstead, attends the Gwyneth Paltrow x Frederique Constant Ladies Automatic launch at the Design Museum on June 21, 2018 in London, England. Getty Images
  • Gwyneth Paltrow, in G Label by Goo, attends the premiere of 'Avengers: Endgame' at the LA Convention Centre in Los Angeles, California, on April 22, 2019. EPA
    Gwyneth Paltrow, in G Label by Goo, attends the premiere of 'Avengers: Endgame' at the LA Convention Centre in Los Angeles, California, on April 22, 2019. EPA
  • Gwyneth Paltrow, in Valentino, attends the Valentino show as part of Paris Fashion Week on July 3, 2019 in Paris, France. Getty Images
    Gwyneth Paltrow, in Valentino, attends the Valentino show as part of Paris Fashion Week on July 3, 2019 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Adam Lippes, attends the amFAR gala at Milk Studios in Los Angeles, California, on October 10, 2019. EPA
    Gwyneth Paltrow, in Adam Lippes, attends the amFAR gala at Milk Studios in Los Angeles, California, on October 10, 2019. EPA
  • Gwyneth Paltrow, in Fendi, arrives for the 77th annual Golden Globe Awards at the Beverly Hilton Hotel in Beverly Hills, California, on January 5, 2020. EPA
    Gwyneth Paltrow, in Fendi, arrives for the 77th annual Golden Globe Awards at the Beverly Hilton Hotel in Beverly Hills, California, on January 5, 2020. EPA
  • Gwyneth Paltrow, in Ralph & Russo, attends the Harper's Bazaar Exhibition as part of Paris Fashion Week at Musee des Arts Decoratifs on February 26, 2020 in Paris, France. Getty Images
    Gwyneth Paltrow, in Ralph & Russo, attends the Harper's Bazaar Exhibition as part of Paris Fashion Week at Musee des Arts Decoratifs on February 26, 2020 in Paris, France. Getty Images
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
What's in the deal?

Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024

India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.

India will also cut automotive tariffs to 10% under a quota from over 100% currently.

Indian employees in the UK will receive three years exemption from social security payments

India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: March 23, 2023, 11:20 PM